The geo-minting tech behind reBASE’s releases will create a new way of experiencing the metaverse.
- reBASE’s exclusive NFT drops are tied to users’ physical location in the real world.
- By blending blockchain, NFTs, the metaverse, VR, and AR, reBASE is redefining the user experience created by these technologies.
- reBASE is backed by notable investors and has formed partnerships with celebrities, athletes, and influencers.
— reBASE GG has raised US$8 million to develop its novel conceptual framework for mixed reality events that blend real-world activities with its proprietary metaverse environment. The investors behind this funding include Animoca Brands, Three Arrows Capital, DeFiance Capital, Alameda Research, Spartan Capital, Genblock Capital, and Antifund VC — all active investors behind significant blockchain projects that are shaping new technologies and user experiences.
reBASE is introducing a new play-to-earn paradigm, where users mint NFTs by applying AR filters during explorations in the physical world. This ties the NFT drops with the geo-location of a user, adding a new dimension to an experience that was previously fully virtual.
“Beyond exclusive NFTs created by world-renowned artists and fashion designers, reBASE is building its own open, decentralized metaverse, reBASE LAND, which bridges virtual experiences with users’ real-world environment by utilizing geolocation technology. reBASE’s NFTs will be key components for accessing mixed reality events within reBASE LAND,” said a representative of reBASE GG.
“Three Arrows Capital is proud to support the reBASE team. Their innovations around NFT mints add an exciting dynamic,” said Kyle Davies, Co-Founder of Three Arrows Capital.
“DeFiance Capital is excited to back reBASE, the first NFT minting platform enabled by geolocation and augmented reality. We have seen the success of Pokémon Go by tapping AR, and believe that reBASE can onboard millions of users with a gamified experience,” said Arthur Cheong, Founding Partner of DeFiance Capital.
reBASE is unique in that it will allow users to plant NFTs in real-world locations in real time. These NFTs can be viewed through AR and purchased by other users at these locations, merging the physical space with the virtual real estate built by players in reBASE LAND.
reBASE has formed a series of strategic partnerships that taps into a network of celebrity influencers, athletes, media partners, and limited partners. The project’s advisors include Sherwin Lee, Founder of QCP Capital; Jonathan Choi, Chief Information Officer and Head of Partnerships at Metaplex Studios; and Wraya (formerly Wengie), one of the founders of Solana-based play-to-earn game Nyan Heroes and a well-known Instagram influencer.
Additionally, Kevin Lin, a Co-Founder and former Chief Operating Officer of Twitch, and Daniel Dinh, the Founder of elite cryptocurrency gaming platform TSM, are reBASE’s angel investors.
About reBASE GG
reBASE GG is a social NFT minting platform that aims to bring the metaverse into the real world. It currently offers exclusive, geo-based NFT releases. The project is developing reBASE LAND, a metaverse where NFT tokens for virtual land plots have counterparts in the physical world. This will be integrated with reBASE 3D, an augmented reality feature that bridges virtual and physical experiences. At the moment, reBASE runs on the Solana network, but plans to extend its functionality to function on multiple chains.
reBASE Official Website: rebase.gg
reBASE LAND: app.rebase.gg